Successful Franchise Trophy Shop for Sale in Virginia Beach Area

This listing presents a well-established, 18-year-old franchise trophy shop located in the Dam Neck Area of Virginia Beach. The business specializes in providing awards and recognition for corporations, sports leagues, military, and schools. The owner, a Navy veteran, is retiring and looking to pass on the tradition of this successful local franchise. The shop benefits from a strategic location near military bases, schools, and year-round youth sports leagues, offering significant expansion potential. The franchisor provides exclusive products and competitive vendor pricing, with the next closest operation over two hours away, indicating a strong local market presence. The business generated $471,643 in gross revenue with a Total Adjusted Net Income of $154,016, and was listed for $400,000. Key assets include $62,271 in equipment/fixtures. The operation employs 3 full-time staff and occupies 3000 sq ft with a monthly rent of $2,431.